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Signs of financial distress appear in SME’s late payments

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Late payments are becoming a growing problem for small businesses with more than four in 10 saying the problem is worse than it was a year ago, according to a new survey by Kantar/Close Brothers.

According to the Close Brothers Business Barometer, which surveyed 900 businesses across Ireland and the UK in February, 43pc of small and medium-sized businesses reported being “adversely affected” by delayed payments, putting significant pressure on capital mobile.

https://www.independent.ie/business/small-business/signs-of-financial-distress-appear-in-late-sme-payments-41451292.html Signs of financial distress appear in SME’s late payments

Fry Electronics Team

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